Synchrony Financial (NYSE:SYFpA.PFD)
$ 18.96 -0.29 (-1.52%) Market Cap: - Enterprise Value: - PE Ratio: 8.70 PB Ratio: 1.76 GF Score: 84/100

Synchrony Financial at Barclays Global Financial Services Conference Transcript

Sep 12, 2022 / 03:15PM GMT
Release Date Price: $20.38 (-0.15%)
Mark C. DeVries
Barclays Bank PLC, Research Division - Director & Senior Research Analyst

Good morning. We're going to get started. Thanks for joining. I'm very pleased to be joined up on the stage by Brian Wenzel, CFO of Synchrony. This is going to be a fireside chat format. So I've got a number of prepared questions for Brian, then we'll pause for the audience response section, and then I'll open it up to the audience for questions for Brian. But just starting off, Brian, thanks again for joining. I wanted to start with an update -- sorry, that's probably...

Brian J. Wenzel
Synchrony Financial - Executive VP & CFO

I don't know much about aircraft.

Mark C. DeVries
Barclays Bank PLC, Research Division - Director & Senior Research Analyst

Yes. You probably don't want that question. I want to start with an update on the environment and purchase volume trends. You saw some highest volume ever last quarter with volumes up 12% year-over-year, 16% on a core basis. Has that momentum continued into 3Q?

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot